Hi -- I saw this in this morning's NY Times (via Reuters), and don't know if others have already discussed it. (Here's the weblink:
http://www.nytimes.com/reuters/technology/tech-matsushita-pentax-battery.html).
And here's the full text of the article:
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October 24, 2007
Pentax Delays Digicam Launch After Fire
By REUTERS
Filed at 8:39 a.m. ET
TOKYO (Reuters) - Pentax Corp said it would delay the launch of its new digital camera after a fire at a lithium-ion battery plant run by Matsushita Electric Industrial Co Ltd's battery unit caused supply disruption.
Production at Matsushita Battery Industrial's flagship factory in western Japan has been halted since a September 30 fire and it is unclear when it will be able to resume operations -- a potential boost to rival battery makers including Sanyo Electric Co Ltd and Sony Corp.
Pentax planned to use a certain type of lithium-ion battery from Matsushita for its new digital camera, but the fire and ensuing production halt have made procurement difficult, forcing it to postpone the launch to February 2008 from November.
Matsushita's battery business was already hit hard in August when Nokia warned consumers that 46 million batteries made by Matsushita used in its mobile phones could overheat, and offered to replace them for free.
Matsushita said on Wednesday it plans to boost output at other battery plants -- one in Japan and the other in China -- to make up for lost output, but it is also considering procuring lithium-ion batteries from outside to meet demand.
Matsushita does not disclose its battery revenues, but its devices operations, a segment which includes batteries as well as microchips and other electronic components, posted 1.38 trillion yen ($12 billion) in sales in the year ended March 31, accounting for 15 percent of group revenues.
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